Headwinds are continuing to hurt the regional economy, with warnings of a primary sector slowdown.
Infometrics' latest economic monitor for the three months to September shows economic growth slowing compared to earlier in the year.
Principal Economist Brad Olsen told Mike Hosking that population growth has supported some areas like Auckland.
He says areas like Northland haven't had as many international arrivals, meaning spending growth hasn't been as solid recently.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Popular Podcasts
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
The Clay Travis and Buck Sexton Show
The Clay Travis and Buck Sexton Show. Clay Travis and Buck Sexton tackle the biggest stories in news, politics and current events with intelligence and humor. From the border crisis, to the madness of cancel culture and far-left missteps, Clay and Buck guide listeners through the latest headlines and hot topics with fun and entertaining conversations and opinions.